Barclays sets a USD 40 target for Century Aluminum stock

Published on 10/20/2026 at 18:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays set an equal weight USD 40.00 target on October 15, 2026. Century Aluminum stock costs EUR 30.03 on October 20, 2026 at 6:40 p.m. CEST.

Barclays sets USD 40.00 target

On October 15, 2026, Barclays began coverage with an equal weight rating and a USD 40.00 target.
Century Aluminum reported USD 752.10 million in second-quarter revenue and adjusted earnings per share of USD 2.46.
Century Aluminum stock costs EUR 30.03 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST.

CENX, US1564311082, Illustration mit AI erstellt.

Century Aluminum Company (ISIN US1564311082) received a USD 40.00 price target from Barclays on October 15, 2026, when the firm began coverage with an equal weight rating. According to MarketBeat, the target stood 18.17 percent above the Nasdaq price of USD 33.85 on October 20, 2026. Century Aluminum was trading at EUR 30.03 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST.

Barclays starts coverage

Barclays joined a mixed analyst picture for the aluminum producer. MarketBeat reported four Buy ratings, two Hold ratings and one Sell rating, with a consensus target of USD 64.60 in its October 15 coverage report.

The Barclays target is well below that consensus, putting the new rating in a more cautious position than the average view. The firm described its stance as equal weight rather than a Buy or Sell recommendation.

Second-quarter earnings beat

Century Aluminum's second-quarter 2026 results combined a strong earnings figure with revenue below expectations. The company reported adjusted earnings per share of USD 2.46, above the USD 2.33 consensus estimate, while revenue reached USD 752.10 million against expectations of USD 817.15 million, according to MarketBeat on October 15, 2026.

The same report said second-quarter revenue increased 59.00 percent from the prior year. That comparison matters because the earnings beat came alongside a revenue shortfall against estimates, giving investors two different signals from the same period.

Valuation and peer levels

On Nasdaq, Century Aluminum last traded at USD 33.85 on October 20, 2026 at 12:46 p.m. EDT while the session was open. Its market capitalization was USD 3.4 billion, its price-to-earnings ratio was 5.86 and its 52-week range was USD 25.40 to USD 70.43.

Comparison with peers

Century Aluminum: price-to-earnings ratio 5.86, market capitalization USD 3.4 billion as of October 20, 2026.

Alcoa (NYSE, USD): price-to-earnings ratio 7.01, market capitalization USD 10.8 billion as of October 20, 2026.

Kaiser Aluminum (Nasdaq, USD): price-to-earnings ratio 11.10, market capitalization USD 2.5 billion as of October 20, 2026.

What comes next for the stock?

The immediate market question is whether Barclays' lower target can coexist with the broader consensus of USD 64.60. The answer depends on how investors weigh the second-quarter earnings beat against revenue that fell short of expectations.

Century Aluminum was trading at EUR 30.03 at Lang & Schwarz on October 20, 2026 at 6:40 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Century Aluminum stock.